S&P Global Application To Serve As Natural Gas Price Index Supplier
By Tyson Slocum
Today in Federal Energy Regulatory Commission Docket PL03-3-011, we submitted comments on S&P Global’s request for re-approval to serve as a natural gas price index supplier. We raise questions about S&P Global’s lack of adequate internal controls stemming from the recent settlement with the U.S. Securities and Exchange Commission over conflicts of interest, and we raise concerns about the prohibitively high cost of S&P Global’s services. We urge the Commission to democratize access and improve transparency over spot natural gas markets by using its authority to implement its own electronic price reporting system. Read our full comments here: Platts